Creation of the $FAV token dedicated to “Football at AlphaVerse”
The progress in the development of Football at AlphaVerse and the importance of the community of partners and players that this universe will bring together have highlighted the interest in creating a dedicated utility token. The circulation policy reflects the rapid development of Football at AlphaVerse and will allow for better targeting and uniting of the community around their common interest in football. Just like with other universes in AlphaVerse, the desire to be open to as many people as possible is maintained, with the ability to access FAV without necessarily using cryptocurrencies. The CRYS, the token of AlphaVerse, will be reserved for other worlds within AlphaVerse.
11 billion units of the $FAV token have been created on the BNB Chain, Binance's blockchain, and a portion of these tokens will soon be transferred to the Chiliz blockchain. In the Football at AlphaVerse universes, $FAV will be a versatile tool to enhance user experience and engagement. Users will be able to receive $FAV tokens when they join AlphaVerse or invite others to join. Token ownership may also grant certain priority rights to their owners.
Beyond these incentives, the $FAV token will have numerous functionalities, such as facilitating microtransactions within the universes, participating in challenges or mini-games, purchasing NFTs, running referral programs, accessing discounts on purchases, and earning FAV tokens based on user creativity or engagement, similar to a loyalty card system.
An article from AlphaVerse's blog, describing the initial characteristics of the $FAV token, is available at the following link: https://alphaverse.com/blog/items/the-fav-token-your-passport-to-football-at-alphaverse/
More information can be found at www.cbicorp.io.
Disclaimer
The realization of projects, as well as their operational budget and financing plan, remain fundamentally subject to uncertainties, and the non-realization of underlying assumptions can have a significant impact on the value of assets and liabilities.
About CBI
Contacts
CBI Frédéric CHESNAIS PDG fredchesnais@cbicorp.io www.cbicorp.io | Listing Sponsor Atout Capital Rodolphe OSSOLA rodolphe.ossola@atoutcapital.com | Financial Communication Calyptus +33 1 53 65 68 68 cbi@calyptus.net |
Attachment
- CBI_CP_FAV-Token_20230608_EN_v1
© OMX, source